Pee-Wee is out of the house for a while, so Miss Yvonne shows us today's secret word is word. The entire house is in shock, however, when they notice a "For Sale" sign in front of the Playhouse. Miss Yvonne nearly goes hysterical to the point of bawling. Everyone has flashbacks of the good times they shared in the playhouse. Pee-Wee returns with some glue and wonders what everyone is upset about. Miss Yvonne angrily shows him the sign. Pee-Wee tells everyone that the playhouse is NOT for sale. He sees a sign with the word "Lemonade" which fell off the sign and puts under the words "For Sale" merging into "Lemonade For Sale", as it turns out he's actually selling lemonade - the first part fell off. He then says that he'll be right back, and tells us that "The Playhouse will always be here, for everyone to play in, forever and ever and ever.". And on that, he has his word, to which everyone screams for one last time.

It was commonly thought that Pee-wee's Playhouse got cancelled due to Reubens' 1991 indecent exposure arrest; in actuality the show was already retired as Reubens, claiming an overworked crew (a single episode took 10 sixteen-hour days to shoot) and fear of decline of quantity and quality in material in this episode and the preceding ones, had decided against a sixth season consisting of 10 more episodes (bumping the show up to 65 episodes as per the original deal). However, the popularity of the show had put it into syndication, which CBS revoked in fall of 1991 when the arrest was made public. Pee-wee's Playhouse aired from September 13, 1986, until November 10, 1990. Additionally, the show cost $350,000 per episode to produce, which was $10,000 more than the Saturday morning animated cartoons of the day. Additionally, Vic Trevino, Suzanne Kent, William Marshall, S. Epatha Merkerson and Laurence Fishburne's characters were already written out of the series by this time. Reubens had originally agreed to do two more seasons after the third, and when CBS asked Reubens about the possibility of a sixth season he again declined, wanting to take a sabbatical for a little while. Reubens and his castmates (Reubens especially) had been suffering from burnout from playing their characters full-time, and Reubens had been warning that Pee-wee was temporary and that he had other ideas he would like to work on. The parties agreed to end the show after five seasons, which included 45 episodes and a Christmas Special (though Herman says that "The Playhouse will always be here, for everyone to play in, forever and ever and ever."). The series was also cancelled because of poor ratings for the fourth and fifth seasons. Playhouse garnered 15 Emmy Awards, all of them in the Creative Arts Emmy Award category. This was therefore not intended to be a series-ending episode, but due to the rising cost for salaries, grueling production schedule for actors and characters, and the rising costs to produce new episodes, he chose to end the series on this episode.

These fears of material quality decline are confirmed when stock footage of Conky from season 2 is played over his stammering from Camping Out, an episode produced earlier in the fifth season.

Miss Yvonne finally stands up to Herman's possessiveness of the Playhouse in this episode, when she says "How could you even think of selling the Playhouse without first consulting us?! It belongs to all of us! You just remember that, Pee-wee, it's all our Playhouse!".

Thus, Herman finally realizes that the Playhouse isn't just his, but that everyone can play and live in it and that it is therefore community property.

The ballet dance that Miss Yvonne does in the original Pee-Wee Herman stage show is performed again in this episode, complete with the exact music.